ST. LOUIS, June 9, 2021 /PRNewswire/ -- Union Electric
Company, doing business as Ameren Missouri, a subsidiary of Ameren
Corporation (NYSE: AEE), announced today the pricing of a public
offering of $525 million aggregate
principal amount of 2.15% first mortgage bonds due 2032 at 99.891%
of their principal amount. The transaction is expected to close on
June 22, 2021, subject to the
satisfaction of customary closing conditions.
Ameren Missouri intends to use the net proceeds of the offering
to repay its short-term debt and for near-term capital
expenditures. Thereafter, Ameren Missouri intends to allocate an
amount equal to the net proceeds to sustainable projects meeting
certain eligibility criteria.
BofA Securities, Inc., Goldman Sachs & Co. LLC, Mizuho
Securities USA LLC, SMBC Nikko
Securities America, Inc., Fifth Third Securities, Inc., and PNC
Capital Markets LLC are acting as joint book-running managers
for the offering. Academy Securities, Inc., C.L. King &
Associates, Inc., and Siebert Williams
Shank & Co., LLC are acting as co-managers.
The offering is being made only by means of a prospectus and
related prospectus supplement. A prospectus supplement related to
the offering will be filed with the Securities and Exchange
Commission. Copies of the prospectus supplement and accompanying
prospectus, when available, for the offering may be obtained on the
Securities and Exchange Commission's website at www.sec.gov, or by
contacting BofA Securities, Inc., 200 North College Street,
3rd Floor, NC1-004-03-43, Charlotte,
NC 28255, Attention: Prospectus Department, email:
dg.prospectus_requests@bofa.com, phone: 1-800-294-1322.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy the first mortgage bonds and shall
not constitute an offer, solicitation or sale in any jurisdiction
in which, or to any person to whom, such an offer, solicitation or
sale is unlawful.
About Ameren Missouri
Ameren Missouri has been providing electric and gas service
for more than 100 years, and the company's electric rates are among
the lowest in the nation. Ameren Missouri's mission is to power the
quality of life for its 1.2 million electric and 134,000 natural
gas customers in central and eastern Missouri. The company's service area covers 64
counties and more than 500 communities, including the greater
St. Louis area. For more
information, visit Ameren.com/Missouri or follow us on Twitter at
@AmerenMissouri or Facebook.com/AmerenMissouri.
View original
content:http://www.prnewswire.com/news-releases/ameren-missouri-announces-pricing-of-green-first-mortgage-bonds-due-2032-301309493.html
SOURCE Ameren Missouri